Client Finance is a national team based in our Birmingham office serving the property management accounting needs of all our UK property management and corporate occupier clients. The team includes specialist client accountants and accounts assistants who act as the primary point of contact for all aspects of accounting services, and deliver to our investor and corporate clients. Our shared service teams provide credit control, accounts payable and cash and banking services.

The role

The Cash & Banking Assistant works within a small team responsible for the allocation management and movement of funds and the management and reconciliation of the bank accounts. A key part of the departments shared service functions, the Cash and Banking team provides a critical service to the rest of client finance and the Cash & Banking assistant supports the Cash and Banking Manager by ensuring all cash and banking operations are completed in line with the agreed processes and procedures, ensuring that controls are adhered to, minimising the risk of fraud.

Key deliverables

Allocate cash received, identifying the source funds and ensuring all sums received are posted to the correct accounts with 24 hours of receipt, initiating queries on unidentifiable items as appropriate.

Record and bank cheques in accordance with the agreed cheque received process.

Maintain daily records of all cash received and ensure the wider Client Finance team members are aware of cash received as appropriate.

Ensure that all cash received is posted to the accounting database.

Track, investigate and resolve the allocation of unidentified receipts and return monies which cannot be properly identified within agreed timeframes.

Ensure client reporting team and surveying colleague are fully aware of all receipts and postings made

Respond to and ensure that all queries relating to bank accounts, cash received and payments made are dealt with on a timely basis.

Perform regular reconciliations of all unallocated cash against completed bank reconciliations ensuring that unidentified items are investigated and resolved.